Sensible Advice for Your Home

Looking to buy a home in a rural area? If you want to live in a place that offers some breathing room, you may find that you’ll be eligible for a USDA loan. Contact a mortgage loan officer at Horizon Bank who can help you review your options and determine whether refinancing makes sense for you.

As temperatures begin to drop and the leaves cover the ground, it’s a good time to be sure your home is prepared for the snow and cold that lie ahead. A few improvements around the house can save you money in the long run — and ensure that you and your family will be safe and warm inside.

For many homeowners, refinancing can be a smart move. However, before you decide to refinance your mortgage. Contact a mortgage loan officer at Horizon Bank who can help you review your options and determine whether refinancing makes sense for you

What’s best for you? If you're currently renting but considering buying a home in the future, you need to be able to afford more than just your house payment. There are several pros and cons to consider.​

Michigan City, Indiana — Horizon Bank has allocated $1 million to fund home ownership and home improvement loans in low- to – moderate income neighborhoods throughout Horizon’s market area in Indiana and Michigan. The loans are designed to assist borrowers in three categories of need: obtaining a home for the first time, making repairs to a home they already own, and re-establishing good credit while building a savings fund that can be used toward a mortgage down payment.

Competition can be fierce among those looking to purchase new digs, so it’s important you know how to navigate the home buying process to get the house you want. Here are 10 steps to finding your perfect home and snagging it at a reasonable price.

A home equity loan or line of credit can serve as an alternative to a personal loan, allowing you to pay for major expenses such as medical bills or college tuition. Unlike traditional loans, a home equity loan uses your home as collateral for borrowing. Here are a few of the characteristics of home equity loans and lines of credit:

If you’re in the market for a new home you have to ask, “How much house can I afford on my income?” Assessing your financial situation is key. Two numbers are most important to lenders: the front end debt-to-income ratio.